Topic > Judaism and the Economy - 1214

Judaism and the EconomyAlthough the Jewish population is small, its impact on the economy is large. For a group of people that makes up less than 2% of the U.S. population, Jews are certainly a topic of much conversation and controversy. For a race so often negatively targeted and scapegoated, it is astonishing to realize the Jewish hand in America today. A question that has been around for some time is whether or not Jews control America; Jews rule the film industry, the news and communications business is a Jewish kingdom, the American financial industry is essentially a Jewish franchise, and professions are so dominated by Jews it's shocking, so where does their influence go? While the idea that America is run by Jews is disputed, the fact that there is disproportionate Jewish influence on the United States and the global economy relative to its size cannot be disputed. While their effect may be small, it is certainly noticeable and non-ignorable. Although Jews have been the center of much hatred and ignorance throughout history, it is undeniable that they have had an effect on the American stock market, the real estate market, and the public school system. a clear impact will be had on the stock market. A well-known saying in the stock market is “sell Rosh Hashanah, buy Yom Kippur,” the saying highlights the seasonal weakness that usually occurs between these two Jewish holidays. It's similar to the maxim "Sell in May and walk away." The market-related proverb originated decades ago, when the common practice became known for Jewish investors to sell their stocks on Rosh Hashanah so they could focus on prayers. Jewish investors, without the distraction of having...... middle of paper ......://www.newswise.com/articles/study-jewish-holidays-affect-stock-market>."Jewish Sabbath Day of rest: Shabbat, Shabbat." About Judaism. Network. 28 November 2011. .Real estate in Orthodox Jewish communities | Walk to Shul. Network. November 28, 2011. .Weinreich, Gil. “Jewish holiday trading can make you 1% more money, study finds.” AdvisorOne: Investment news and analysis for financial advisors. Network. November 28, 2011. "Why we expect stocks to drop sharply in the next 10 days | TradeKing." TradeKing Merchant Network | Online stock and options trading community | TradeKing. Network. November 28. 2011. .